https://techcrunch.com/2021/06/24/a16zs-new-2-2b-fund-wont-just-bet-on-the-crypto-future-it-will-defend-it/

The big news in tech this morning is a new a16z cryptocurrency-focused fund totaling some $2.2 billion. The new investment vehicle is worth around four times what the company’s preceding crypto fund — its second — was worth.

Andreessen’s wager on cryptocurrency is only accelerating over time as the investing house raises larger funds focused on the market with less time between them.